The country’s export earnings posted its lowest growth in June since October 2020, according to the latest data from the Philippine Statistics Authority .
Imports, meanwhile, surged 26 percent in June 2022 and posted an average growth of 26.7 percent in the first semester this year. This is the slowest growth since January 2022 when imports posted a growth of 25.3 percent. Of the total external trade in June 2022, 65.3 percent were imported goods, while the rest were exported goods.
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